HUN Options History — March 2015

In March 2015, HUN traded between $21.26 and $22.52. ATM implied volatility averaged 29.3%, placing in the 33.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 3.0% (HV 20d: 26.3%). Max pain ranged from $21.00 to $22.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 20 of 22 days. Put/call ratio averaged 1.02.

Notable Days

  • 2015-03-18: Highest Volume — 32,823 contracts
  • 2015-03-06: Largest IV spike — 10.2% change
  • 2015-03-09: Highest IV Rank — 40.8%
  • 2015-03-03: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$21.71$21.26$22.52$22.52$22.16
Max Pain$21.86$21.00$22.00$22.00$22.00
ATM IV29.3%26.1%32.6%28.9%26.1%
Expected Move8.3%7.5%9.0%8.3%7.5%
HV 20d26.3%19.0%33.0%32.7%23.8%
HV 60d36.1%33.7%40.1%39.8%34.2%
IV Rank33.6%26.7%40.8%32.9%26.7%
IV Percentile60.0%44.0%77.8%61.5%44.0%
Term Structure3.4%-2.4%7.0%0.0%7.0%
VWIV28.8%23.9%33.9%33.9%23.9%
Skew 25d4.5%2.1%7.9%7.2%5.1%
Skew 10d10.3%-1.5%23.5%15.7%18.2%
Call IV 25d26.9%24.8%30.2%26.9%24.8%
Put IV 25d31.4%28.8%34.1%34.1%29.9%
Bid-Ask Spread %24.3017.9731.4623.5223.46
Gamma HHI0.210.180.260.260.21
Net GEX2.7M803.7K4.4M4.4M3.6M
Net DEX-32.1M-68.2M-10.4M-57.9M-68.2M
Net VEX-483.6K-595.5K-425.0K-550.9K-595.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.105.831.680.43
Total Volume5,071.59118532,8235,3748,954
Total OI176,374.955163,512204,930173,270184,677

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-03-02$22.52$22.0028.9%8.3%32.7%32.9%33.9%7.2%0.0%4.4M-57.9M-550.9K1.6823.52N/AN/A2,0073,367115,99157,279
2015-03-03$22.20$22.0031.4%9.0%33.0%38.2%30.6%6.1%-2.4%3.8M-46.0M-534.0K1.7220.54N/AN/A2,0153,470116,04159,215
2015-03-04$22.28$22.0030.1%8.6%30.4%35.5%30.0%7.9%-1.0%4.0M-47.1M-525.5K1.5417.97N/AN/A2,0913,217115,70559,384
2015-03-05$22.06$22.0029.4%8.2%30.5%33.9%29.8%3.2%3.5%3.6M-41.0M-521.9K0.9024.97N/AN/A2,1931,970115,81459,421
2015-03-06$21.42$22.0032.4%8.8%31.1%40.3%29.7%3.3%3.5%1.9M-18.4M-485.4K0.6024.49N/AN/A2,5961,553115,84960,033
2015-03-09$21.32$22.0032.6%8.8%30.1%40.8%30.2%2.1%3.5%1.6M-13.0M-464.3K0.2626.89N/AN/A26770115,64060,227
2015-03-10$21.30$22.0031.6%8.8%30.0%38.7%29.8%3.7%3.3%1.6M-10.4M-454.0K0.1121.40N/AN/A1,458166115,76460,250
2015-03-11$21.83$22.0030.3%8.7%31.6%35.9%30.5%4.9%2.3%2.7M-28.8M-481.6K0.1626.75N/AN/A1,244197116,62560,260
2015-03-12$21.94$22.0029.9%8.6%31.3%35.1%28.2%6.5%2.4%3.3M-35.3M-471.6K0.1019.65N/AN/A32532116,38860,310
2015-03-13$21.75$22.0030.3%8.7%28.7%35.9%30.8%4.2%2.0%3.0M-31.1M-471.3K2.9724.25N/AN/A62184116,59160,242
2015-03-16$21.68$22.0029.4%8.4%28.3%33.9%31.8%5.2%3.5%2.7M-23.5M-441.0K0.5425.58N/AN/A703382116,57460,403
2015-03-17$21.44$21.0030.4%8.7%28.4%36.1%29.4%3.6%3.6%2.3M-14.0M-425.0K2.0828.87N/AN/A60125116,75460,371
2015-03-18$21.85$21.0027.8%8.0%19.0%30.5%27.1%4.6%4.0%4.1M-30.3M-431.5K0.4628.55N/AN/A22,43310,390116,78560,383
2015-03-19$21.30$21.0029.0%8.3%20.8%33.0%27.1%4.6%4.2%803.7K-17.9M-461.5K5.8325.10N/AN/A8374,878130,69870,235
2015-03-20$21.50$22.0028.2%8.1%21.1%31.3%27.8%4.8%4.6%2.1M-24.3M-476.1K0.5319.66N/AN/A2,4841,311131,26673,664
2015-03-23$21.64$22.0026.9%7.7%20.8%28.4%27.0%3.5%5.8%2.3M-34.4M-468.9K0.8423.73N/AN/A809677105,70557,807
2015-03-24$21.47$22.0027.1%7.8%20.7%28.9%26.9%3.1%5.8%2.0M-28.4M-459.4K0.3622.29N/AN/A494178106,23658,275
2015-03-25$21.39$22.0027.5%7.9%20.5%29.7%26.4%3.0%4.9%1.9M-26.5M-454.3K0.8125.24N/AN/A577466106,43158,357
2015-03-26$21.47$22.0029.2%8.4%20.6%33.4%28.0%4.1%3.8%1.8M-25.6M-462.8K0.1924.54N/AN/A6,1661,202105,59258,717
2015-03-27$21.26$22.0027.8%8.0%20.7%30.4%27.2%2.5%5.0%1.5M-25.6M-471.1K0.1225.72N/AN/A9,1171,059108,68058,817
2015-03-30$21.95$22.0027.5%7.9%24.0%29.7%27.7%4.9%5.4%3.1M-58.7M-531.8K0.1931.46N/AN/A8,1961,593116,97559,818
2015-03-31$22.16$22.0026.1%7.5%23.8%26.7%23.9%5.1%7.0%3.6M-68.2M-595.5K0.4323.46N/AN/A6,2772,677122,31362,364